Pakistan’s Current account posted a surplus of $128Mn in Feb
Pakistan’s current account posted a surplus of $128 million in February 2024, in contrast to a revised deficit of $303 million in the previous...
IMF and Pakistan has reached a staff level agreement on final bailout review
The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan on the final review of a $3 billion bailout, where the country...
MPC decided to hold the Policy rate steady at 22%
The Monetary Policy Committee (MPC) decided to hold the policy rate steady at 22 percent in its meeting held today.
The MPC noted that despite...
MLCF’s subsidiary Novacare to build hospital with $110Mn investment
Novacare Hospitals (Private) Limited, a wholly owned subsidiary of Maple Leaf Cement Factory Limited (PSX: MLCF), will start constructing a state-of-the-art hospital in Islamabad...
Pakistan has a record 128Mn people as registered voters: FAFEN
With the fifth-highest number of registered voters globally, Pakistan has a record 128 million people, constituting over half of its total population, registered as...
ECP has announced public holiday on Feb 8 for polls
The Election Commission of Pakistan (ECP) Thursday issued a notification announcing a public holiday on February 8, the day when the country's crucial polls...
Finance ministry forecast inflation at 27.5-28.5% in January
Pakistan’s headline inflation is expected to remain high at 27.5-28.5% in January 2024, the Finance Division said in its Monthly Economic Update and Outlook...
FED Hold Policy Rate Unchanged As Expected
The Federal Reserve on Wednesday sent a tepid signal that it is done raising interest rates but made it clear that it is not...
Toshakhana reference: Imran, wife Bushra sentenced 14-year jail time
An accountability court awarded Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife Bushra Bibi 14 years of rigorous jail time each in the...
SAZEW records Profit of Rs1.4bn in 1HFY24
Sazgar Engineering Works Limited (PSX: SAZEW) has announced the Earning for 1HFY24, wherein the profit after tax clocked in at Rs1.41 billion compared...